Saint Paul, Nebraska Property Taxes
The median property tax rate in Saint Paul, NE is 1.82%, considerably higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Saint Paul at $166,275, the typical annual property tax bill reaches $2,659, just below the national median of $2,690. Property taxes in Saint Paul are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint Paul's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Saint Paul or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Paul, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.82%
Estimate Property Tax Bill
$3,026
Ownwell’s Saint Paul Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Paul with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Paul to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Saint Paul, Nebraska
Property taxes in Saint Paul, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Paul is 1.82%, significantly higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Saint Paul set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Paul estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Saint Paul's effective property tax rate to other counties in Nebraska and the national median. For comparison, the zip code 68873 has the highest median property tax rate of 1.82%, while the same zip code has the lowest median tax rate of 1.82%. Understanding how these cities compare with Saint Paul provides valuable insights into the varying tax landscape across Howard County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Paul Tax Rate
1.82%
Average Howard County Tax Rate
1.32%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Paul, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68873 | 1.25% | 1.30% | 1.82% | 1.82% | 1.82% |
Source: Ownwell
Property Tax Assessment Values Across Saint Paul, Nebraska
In Saint Paul, Nebraska, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Howard County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Saint Paul, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For example, the highest median tax bill in the area is $2,659 in zip code 68873, while the lowest median tax bill is also $2,659 in the same zip code. Being aware of these valuation processes in Saint Paul helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Paul Assessed Value
$166,275
Average Howard County Assessed Value
$166,027
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Paul, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68873 | $55,124 | $105,990 | $166,275 | $249,113 | $375,454 |
Source: Ownwell
Property Tax Bills Across Saint Paul, Nebraska
Property tax bills in Saint Paul, located in Howard County, Nebraska, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and is meant to reflect the market value of the property. The local tax rate is applied to this assessed value to calculate the annual tax bill. Several factors influence the assessed value, including the property's location, size, and condition. For homeowners in Saint Paul, the median home price is $166,275. Tax bills can vary significantly, with the 25th percentile at $1,613 and the 75th percentile reaching $3,853. For those at the 90th percentile, tax bills can be as high as $5,255. These property taxes fund essential local services such as schools, emergency services, and infrastructure maintenance. Understanding how these factors interplay helps homeowners anticipate their annual tax obligations and plan their finances accordingly. In comparison, the national median property tax rate is 0.99%, highlighting the importance of local rates in determining tax bills.
Average Saint Paul Tax Bill
$2,659
Average Howard County Tax Bill
$2,390
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Paul, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68873 | $664 | $1,613 | $2,659 | $3,853 | $5,255 |
Source: Ownwell